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-- a soft landing. last night republicans reluctantly passed the billaverting the fiscal disaster. >> president obama praised the deal and returned to his hawaiian vacation. >> reporter: they finally got it done. congress ended the long drama over the fiscal cliff with house republicans reluctantly passing the senate's bill. >> i will sign the law that lays the taxes on the final 2% of the americans and preventing a middle class tax hike that could have sent the country into recession. >> reporter: house republicans didn't want to raise taxes without cuts in government spending. >> there's no spending cuts. we are adding 4 billion dollars to the debt and we feel like that the senate bill failed miserablely. >> reporter: house republicans decided not to drag out the fight any longer and risk potentially taking the blame for massive tax hikes on every american worker. >> what's the alternative? allow 4 trillion dollars worth of tax hikes to hit the american people market uncertain? >> reporter: the bill shields people earning less than 400,000 a year from tax increases and extends u
twist themselves into knots. the media are giving obama a complete pass on this one and not holding his feet to the fire on anything and keeping the gun fire on the republicans at all times. the media have been just about as silent as anyone else. all the media accept for stuart varney. stuart: flattery is the fondest milk in television. i have a prediction from you. i personally think there will be some kind of awful last-minute deal, tax the rich, don't cut spending, ignore the debt. i think that will happen. what is your prediction? >> i will put my kids and your prediction. republicans will take another step, go back another five to ten yards on the football field and the problem will just get even worse. stuart: do you think -- [talking over each other] >> the tech increase, don't anybody forget this, according to three different studies, is going to cost the american economy 700,000 jobs. you wonder why we can't get out of this mess. stuart: we are out of time but that was good stuff and i appreciate the flattery. you will be back, thank you very much. military technology is givin
passes the obama tax cuts, if we go off the cliff and the economy does slide into recession. if we do get downgraded because there's not enough spending. in the long-term, the economy will suffer, but republicans may be able to say we tried to stop this, this is obama's deal, now he owns it. >> but they need to do better with communicating that exact message, really, if you look at what's going on here, obama has been persistent and bullheaded saying, it's my way or no way and i think he can wants to go over the cliff to demonize and at the same time bullying the middle class. >> and in the short-term run, that it is inevitable that the democrats will say you guys, you republicans, you put us offer the cliff because you were defending your rich millionaire friends, it's inevitable they will say that and that's a winning political line in the short-run. and over that, however, and you ask where is the leadership from this president, where is it? >> and here, stuart. >> doesn't he agree with you. >> americans with funny accent. let me ask you this question, explain to me and to the american
pass a bill, and president obama, of course, the media in love with him, there's been no criticism of him either. >> look, i disagree on two points, juan. where the senate is concerned, let's also keep in mind this. republicans and the house have passed hundreds of bills of that never seen the light of day because every single time harry reid refuses to bring them up for a vote in the senate. so for this man 20 turnaround and stay that the republicans are dillydallying when it's the republicans who have been showing up in the house for two years and he's done nothing is adommable. the president is playing this very well. this is a masterpiece on his participate but it's also a complete obfiscation. and right now, juan williams, you tell me what president obama has said he would stand unand cut to balance the budget. >> he said he would change our rate of growth in the country, the cpi. >> can you believe talk. >> he's talking about medicare and republicans have talked about eligibility age. >> juan, double talk. give us specifics. >> if you limit the rate of growth, you will see th
to speak with urgency in the the last weekend, but passed. so president obama's team run by the brilliant david axlerod won the fourth quarter big. they could point at voters who might support them and get them out on election day. the romney campaign made local appearances, saying the same thing over and over and over. early on election night when trends began to appear i said this, the changing country, the demographics are changing it's not a traditional america anymore and there are 50% of the voting public who want stuff. they want things. and who is going to give them things? president obama. he knows it, and he ran on it. >> bill: now, that's the truth. and there's no denying the statistics in exit polling. however some liberal americans were outraged that i would actually say the truth and i'll tell yu ou why in a moment. and eight days after, mitt romney held a conference with his donors and say pretty much what i said. >> and what president obama did was focus on members in his base coalition and give them extraordinary financial gifts from the government and then work very aggr
passed the bill which the senate approved less than 24 hours earlier. president obama plans to sign it in hawaii, where we understand he just returned moments ago to resume his family vacation. the bill addresses some of the nation's divisive fiscal issues but otherrishes still are yet to be resolved. >>> we continue to following developing news this morning. fire and public works crews are still working on water main breaks in hayward. these are live pictures from chopper 5. you can see they had to shut down lanes of traffic on jackson street right there near the highway 92 off-ramp. police tell us the water has not damaged any properties so far. according to officers on scene the water may be capped now in under 30 minutes. so that's great news there. >>> a lot of folks have had the day off and that's good news because it's chilly outside. >> it is cold. stay inside with a blanket and turn up the heater. very cold turbulence outside right now -- very cold conditions out sight ride now. i used to love love to slide across the lawn on the ice. it was a good time with my brother. no
in and agreed to schedule a vote on a bill that had passed the senate and the house, and president obama says he will sign it. now we'll have to take a look at it, and see how good of deal it is. the "full court press" right here on current tv. stay with us. it. really? you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster
fiscal house in order. if only because the law they just passed made it crazy not to. well, call them crazy. no progress before the election campaign began. no progress during the campaign. then more recently, house speaker john boehner and president obama each made important concessions. the president on entitlement spending. speaker boehner on upper income tax rates. speaker boehner, though, could not get conservative republicans to go along and seemed at a loss on what to do next. >> we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle on the fundamental reform of the tax code will help us get our economy moving faster and put more americans back to work. and more americans on the tax rolls. how we get there, god only knows. >> president obama, meantime, seemed to lose patience. no sign he's eager to go off the cliff, but he's also not ready, either, to get in his words, what he'll get for free when the bush tax cuts expire tuesday morning. democratic lawmakers, though, are more willing to let that and everything else happe
of a presidential agreement to cut spending means even if the senate measure passes the house mr. obama can expect added pressure in a matter of weeks when the nation's debt ceiling must be raised again. >> we made the mistake when we increased the debt limit the first time and gave that guy all the money to buy votes with and we shouldn't make the same mistake now. >> the president says congress shouldn't do that because it holds the nation's credit rating hostage but some republicans say that s the only way the guts will happen. bret? >> bret: as you look live at the house floor we should point out that these are house controlled cameras. we don't control these familiar as. as you look at congressman dreier speaking on the house floor what you can't see is there are not that many lawmakers in the house chamber, in fact, just a few. we just got word that house minority leader nancy pelosi has walked in but there are just a few people listening to congressman dreier. you are one of them here as we have dipped in a couple of times. bring back our panel to talk about the specifics of this legislatio
cuts ended up getting branded as obama's tax cuts that he passed after we went over the fiscal cliff, it then loses whatever upside there is for republicans, except, and we have to mention this, for republicans vulnerable to primary challenges, there's obviously a lot of anxiety about being, you know, the first republican in 20 years to vote for a tax increase. i think that's the big fear, that it's been so long. republicans haven't cast this kind of vote. you don't want to be the first one to do it. >> yeah, and charles, we're told the democrats may be waiting until the very last minute. maybe they're banking on pressure and the gop caving. what should americans make of that with so much at stake here? >> i don't there is gamesmanship on both sides. that's obviously true. but i think that democrats understand they get a better deal out of this if they actually go over the cliff. what the president was offering, his last round of offers, was in fact something that a lot of democrats and liberals did not take kindly to. in fact, when boehner was not able to pass plan "b," he basically
are disappointed they couldn't come to a conclusion. >> just a few hours ago, president obama said in part the senate passed this request with bipartisan support, but the house of representatives refused to act. pass it without delay for our fellow americans. right now we are waiting a news conference by chris cristy and we will keep a close eye on that, but as we await it, kelliy o'donnell is live with that. we have speaker boehner's office saying the speaker is committed to getting the sandy relief bill passed, but when? >> in talking to aides, they say they want to reassure members it will be his first priority in the new congress that begins tomorrow at noon. part of what has made this so painful and erupted with such surprise is that members of the house thought they would be voting on it before this congress ended and in part because you have seen how it can be difficult to get things done. after the senate worked to make it happen and part of the reaction you are seeing is what some call betrayal. a strong and personal word and that's what they are saying. feeling misled and they th
. it's not that they don't know how to pass bills or they don't like passing laws. they voted to repeal obama care more than 30 times. >> yeah, 33 times. >> 33 times, as if there's some type of rule that if the house passes a bill more than two dozen times. so they know how to bring a bill to florida and they know how to vote on it. but i think clarence is right. that some of this is ie dee logical. and the second least productive congress since the 1940s was gingrich's right after the '94 revolution. u you know, they came in. they don't think government works and then they set about and they prove it. >> now, clarence, despite all of this, the president is saying he's optimistic. listen to this. >> i'm modest ply optimistic th an agreement can be achieved. nobody is going to get a hundred percent of what they want. but let's make sure that middle class families and the american economy and, in fact, the world economy aren't adversely impacted because people can't do their jobs. >> are you optimistic, clarence? >> well, at this point, i'm so pessimistic by getting a deal on monday, it's
in any way too close to president obama right now. >> let's move on in terms of massachusetts. we got the information that ted kennedy jr. will not run. scott brown doing well in all the polls. president obama will be fully engaminged in pass pass. how is that looking? they don't have a big horse to run. >> the polls show a good chance of scott brown being able to at least have the even money to win back a senate seat in massachusetts. when you talk to the democrats, they say look, the way that scott brown was able to win in 2010 were under very special circumstances. huh a democratic candidate who was not running a good campaign. the democrats were caught unaware and very surprised. you had that very tough debate on health care. you have the vacancy and democrats say you won't have all the situations at the end. they might be able to beat scott brown in a special contest. >> always tough. you think they can pull it off. lastly it was about chuck hegel, feeling it from the left and the right. the defense built up and every time he takes a twitter, he seems to take out chuck hegel. it
that barack obama has been pragmatic. he passed a lot of things the first two years by running the democrats and getting their vote. i believe the great historical challenge comes over the next four years. and i think the president going from $250,000 to $400,000, knowing he's going to end up at $500,000 on this debate, i think barack obama has a chance to do what eric cantor told bob woodward after he met him the first time, which is if he's pragmatic, if he comes to the middle, then he could lock us republicans up for a very long time. i mean, i think that's the great challenge for barack obama. >> yeah. >> can he do what he appears to be doing right now with john boehner? and that is upsetting a lot of people in his own base for the betterment of their party by saying we're going to raise it from $250,000 to maybe $500,000, go after entitlements and do it for the best interests of the country. >> he is a pragmatist. the first two years, it was such a strained situation. when we talked to him on wednesday, everything he said was about -- he wasn't saying government has to be bigger. govern
: the obama administration has passed 17 small business tax cuts at this point. a lot of them are very wealthy companies that are not small businesses. i think the record has shown that he has negotiated with this congress. many think too much. he has cut in the steel and wanted $1.2 trillion and is walking out with $600 billion. host: a democratic caller from florida, pete. caller: i do not know why everybody is so gloom. the owners in this country should be happy. you still keep your tax cut. you know these people, bain capital, mitt. are loaded with accounts they do not pay taxes on. the country has lost jobs. apple computer does not pay taxes. they are laughing. people that lost their jobs are held hostage. a ceo knows darn well, i'm going to make my profits and so the bottom line to my shareholders is a home run. i stood in line for mr. obama to vote for him. i'm kind of disappointed. he should show those eight senators that voted against this to ask them why. they bring a bunch of millionaire senators saying why we have to sacrifice and laughter the poor and in comments. they never talk
general schwarzkopf who led them to victory in the first war passes away. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino s
deserve an up or down vote on what was passed in the senate. >> this is drama. unnecessary drama. and president obama bears the responsible for his failure to lead and his intentional effort it appears to mislead the american public with this cynical bill. >> so it's not a perfect package. but it is something that gets us by while we tackle the larger issues in the next congress. i pray god that next congress is more willing to compromise than this. >> democrats in the house met with vice president joe biden today. he's urging their support for the deal passed by the senate. the holdup on the other side seems to be a desire for much more in the way of federal spending cuts. it's still a game of wait and see with severe consequences for most americans. being staying on top of the hill and have the very latest for you tonight on the 10:00 news. >> all right. let's join fox 5 political analyst to get more insight on this. mark, how is the president i guess going to claim total victory if in fact he's raising tax rates on the rich but ultimately going up. he said it was 250,000 and
, no problem. obama won the election. he'll hand them a plan. he'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geithner made a special trip all the way to john boehner's office on capitol hill. he delivered the plan to speaker boehner, a plan pretty much identical to the one president obama just won the election on. you might have thought that would have been leading, the problem would have been solved. not so much. >> flabbergasted. i looked at him, you can't be serious. i've just never seen anything like it. >> so when you said you wanted to be led, you just wanted a plan, that was a joke? so the white house agreed, then, no more leading, that was not what their partners in the house of representatives wanted. instead, white house and boehner entered into intense lengthy negotiations. and by the end of them they seemed really close to a deal. the white house had agreed to cut their tax ask by about 400 billion, to increase their spendi
and they didn't even get it done on time. but last night, congress sent president obama a deal in on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. >> reporter: lawmakers completely blew their deadline. they didn't get the grand bargain that both parties claimed was their ultimate goal. both democrats and republicans gave themselves credit for getting something done. >> this is a very, very strong first step. >> this is an important one. this is a critical one for the future of the country. >> reporter: there was considerable hand ringing among republicans about a lack of spending cuts. some wanted to add them in, but there weren't enough votes to get it passed. this fiscal cliff deal which passed the senate with overwhelming bipartisan support would extend tax cuts for all workers earning less than $400,000 a year, prev
example of media bias in 2012. first, the obama administration has been given a free pass when it comes to reporting the fee facts about the benghazi terrorist attack. how the media is helping the white house cover up the truth. that and more as this special edition of "hannity" continues. >>> welcome back to this special edition of media mash. reporters worked over time to help shield president obama from his many policy failures here at home. but the aiding and the abetting didn't end there. they were alsong helping him cover up when things wept awry overseas and namely when it comes to the benghazi terror attack. the u.s. ambassador was assassinated on foreign soil for the first time in decades. that sad reality was never enough to spark the interest of the mainstream media. they sat idlely by as hillary clinton, susan rice and others lied about the events that triggered the attack an ed the administration's actions as the assault was being carried out. joining me now to help go through some of the specific examples of how the press failed the american people and helped cover up the
, if it doesn't start with $250,000, it's not going to pass. >> wait a second, obama went up to $400,000. >> what's he done on entitlements? >> he did the change cpi that would bring it down. >> that's not true. >> no. listen, he did nothing. john boehner has conceded some things. the last move, not a smart one. >> can we talk more about vampires? >> we can. only during the commercial break. >> oh, okay. >> and now a word from our sponsor. is it okay to fire an employee for being simply irresistible? greg has had this problem over and over but he is still here. we will tell but it next. >> after working so many years side by side, i didn't have any idea that that would have crossed his mind. ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes i
. unveiling the outrageous example of media bias, but first obama administration has been given a free pass from the main stream media when it comes to reporting facts about the benghazi terrorist attack. we're going to expose how media is helping the white house cover up the truth that. and much more as this special edition of "hannity" continues. sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately.
if any can get enough votes to pass conference. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clark cooper is executive director. thanks for joining me, clark. here's that ad. this ad speaks volumes. wouldn't your party be happy to have a fellow republican, hagel, in the obama administration?
the fiscal cliff. it is unclear if any can get enough votes to pass congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clarke cooper is executive director. thanks for joining me, clarke. here's that ad. this ad speaks volumes. wouldn't your party be happy to have a fellow republican, hage
for two million. the house will take up the bill this morning and hopefully the chamber can pass it before the economy is rocked by the tax hikes. >> i feel good. >> president obama call would the senate vote the right thing to do for the country and encouraged the house to pass the bill right away. >> new defrom doctors treating hillary clinton on her blood clot. it is it collected between the brain and skull behind the right ear. they are treating her with blood thinners. last month she fell and got a concussion and that caused a blood clot and that is uncommon. but she is make excellent progress. >>> and san mateo; police are trying to figure out what caused a deadly shooting on lewis road at an apartment complex by the fair grounds. police found one man on the ground dying from gunshot wounds. they detained two people for questioning. this is the 43rd homicide there 1991. >> san francisco fire officials are trying to find out what caused a house fire on atheps street. ppg&e crews cut off the gas line. two people were hospitalized. you can see the house is a total loss. well, it is 5:08
passed a tax plan late last night and sent it to president obama. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we look at how the vote came about and sort through some of the political consequences as a result of what's in the bill and what's not. >> brown: then, new killings in pakistan, we look at the uptick in violence against aid workers and women teachers with "washington post" foreign affairs reporter pam constable. >> woodruff: paul solman takes us inside a company that turns a profit by employing an unusual workforce. >> a massachusetts manufacturing firm founded in 1932 where the median age is 74 and rosa finnegan over there, is 100.
, president obama said he wanted to see gun legislation passed next year in response to the connecticut school attack. >> this is something that, you know, that was the worst day of my presidency. it's not something that i want to see repeated. >> it hit close to home? >> absolutely. >> the president said he was skeptical for the armed police at every school. >> the newspaper that published the names and addresses of gun owners. they will do it once they collect information in a third county. >>> hillary clinton is the favorite among democrats and independents in a poll. they would be very or somewhat likely to support her for the democratic nomination in 2016. george h.w. bush is out of -- >>> dylan smith was buried yesterday. he drown last sunday while surfing in puerto rico. those are some of your headlines. right now, we are under 90 minutes away from a loose deadline. president obama placed blame on speaker boehner for putting the country on the edge of this cliff. >> what we have is a situation where these automatic spending cuts go into place. if we have raised revenue by the wealthy pa
is to obstruct barack obama and once there is a republican president in place from the two pass this initiative secreted better business climate, more and more deregulation committee funding of programs that have never quite been near and dear to them. of course to flash forward a day, i suspect we'll talk about the debt ceiling fiasco of 2011. after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messages and a great likelihood it will be a while before we see moderation. >> is this for the leadership looks at the freshman, many of them second term members of congress and think if only we could control them. isn't the case for leadership as it is out of sync or is t
really like the deal. when you talk to republicans, they say president obama has imposed his will on us. we had to agree. this is very bad. he broke our party unity. some of the republicans passed the bill, others opposed it. it is very interesting when you talk to democrats. they do not like this compromise. they say that -- especially progressive democrats. they say that once president obama promise that everyone would have to pay higher taxes who was earning more than $250,000, but now it is more than $400,000, so he did not keep his promise. >> this was not the only deadline. what can we expect later this year? >> we will expect even more trauma -- drama. i think the next battle is going to be how to raise the debt ceiling. president obama said he is not willing to talk about that, he is not willing to compromise on that. i think this is wishful thinking. he asked to do that because the congress has to agree on that and the republicans -- he has passed to do that -- he has to do that because the congress has to agree on that. >> to find out how global exchanges have responded, we wi
is whether it can pass here, the republican-controlled house of representatives. early on monday, president obama surrounded himself with middle- class families to make the point that it would be average americans who would be hardest hit by a failure to compromise. >> the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. that would add additional hundreds of billions of dollars to deficit reduction. so that is progress. but we will need to do more. >> but no one is claiming the bill is perfect. the sticking point is what to do about cuts in major government departments. the problem has been put off for now. on the taxation side, the president got nearly everything he wanted with republicans agreeing to raise taxes on the wealthiest and extend unemployment benefits. the major public holiday of new year's day means global stock markets are shocked on tuesday and that give these them -- and that gives them more time. the u.s. politicians were so voted down ideologically that they
russert, thanks, sir. >> take care. >>> president obama is, quote, modestly optimistic that congress can pass a deal to avoid the so-called fiscal cliff, but is that optimism justified even if the senate can can come together and craft a deal? a very big if at this point and what are the chances that house speaker john boehner can get members of his congress to go along with the deal. joining me now perry bacon and lynn sweet. i want to start with you because i read something that you wrote an article recently in which you said basically that the rumors of the tea party's demise have been greatly exaggerated noting their key role in refusing to go along with john boehner's tax plan to raise taxes on those making more than $1 million a year. the fiscal cliff debate has illustrated then during influence of the tea party and the power of the conservative party. boehner can't guarantee that his members won't face primary challenges from the right so there's little surprise they won't follow his lead. >> mcconnell's not going agree to something that all other republicans are opposed to becaus
the bill and the hope is they can pass it before the economy is rocked by the tax hikes. >> i feel very, very good>> reporter: president obama called the vote the right thing to do for the country and encouraged the house to pass the bill right away. abc news, washington. >>> medicare reimbursement could take a hit if the fiscal cliff is not averted. reimbursements to doctors will be cut by nearly 30% beginning today because congress may have failed to make the adjustments for medicare payments. it could mean more doctors refewing to treat medicare patients. >>> 2013 will be remembered as landmark year for same sex couples and many couldn't wait to get to city hall at the stroke of midnight. today is a big day as same sex marriage can officially happen in the state. sherrie johnson is live downtown where couples were lined up to say their i dos it was a big morning for many. >> reporter: that's right. a little after midnight 7 same sex couples gathered right here in downtown baltimore at city hall to say their eye dos. this is definitely a historic day for maryland. the couples waited p
to pass this bill. it never should have happened this way. i commend president obama and vice president biden for protecting in a class with this and doing the best that they can, but my friends and my colleagues, we're going to have to work to meet in a sensible center. we are going to have to not ladies brinksmanship gains. the american people do not want it. president obama won reelection campaigning for the middle- class. this keeps those parties and we ought to support it. >> the gentleman from michigan, mr. camp, continues to reserve. >> i now yield two minutes to danny davis, our colleague from illinois and soon to be joining us on ways and means. >> recognized for 2 minutes. >> thank you. i have never seen a compromise where everybody got everything that they wanted or liked everything that they got. i certainly do not like everything that i see in this bill. and i certainly did not get everything that i wanted. but i do like the fact that senior citizens can go to the doctors because they are being paid a reasonable rate. i do not like the fact that some of the health programs
on the right-hand side of your screen is preparation for president obama come out. we are waiting for the press conference. the senate bill will head to the white house where it is also expected to be passed by the president, and that will avoid losing the bush era tax cuts for anybody -- individuals making under $100,000 a year and couples making $450,000 per year. above that threshold we will see taxes go up. spending cuts have been postponed. we will not be doing with the sequestration or the spending cuts or agree to the last time i had to deal with the debt ceiling negotiations. we are talking to jared levy about how this affects the markets. there's a ton of uncertainty, especially with the spending cuts out there the debt ceiling, so out there, and i wonder how that has been affected by the lack of performance. another thing that kept being discussed was tax increases or no tax increases. for the tax code in general needs to be overhauled. and what can be done to tackle the deck dataset? jared: 60 or 70% of working americans have done some meals prepared for taxes for them. you could spe
that's not going to pass the senate and we also know the white house isn't going to sign that. move on. my contention is after -- >> allow me. >> work with me. it's an important question. let's say president obama says we're going off the fiscal cliff. we go off the cliff. tax cuts expire, sequestration, they kick it down the road. if president obama then says i'm going to put in tax cuts for anyone making under $250,000 a year. i'm going to call them obama tax cuts. will runs say no to voting for a tax cut? >> well, the interesting question is of course what this comes with. we're at the beginning of a conversation not at the end of a conversation. because we have to decide what to do with the bush tax cuts. that's one thing. we have to decide to do -- what to do with a trillion dollar of obamacare tax increases. very few people are talking about this but there's a trillion dollars of tax increases obamand ad demonstration passed before the last election and 90% of those hikes were delayed until after the president got himself reelected. then we have massive spending, $8 trillion in d
later this morning, the hope is that chamber can pass it before the economy is rocked by the tax hikes. >> happy new year. i feel very, very good. >> reporter: president obama called the senate vote the right thing to do for the country and he encouraged the house to pass it right away. >> all right, abc's tahman bradley reporting from washington. thanks. have a very happy new year. we know you're going to be today, tahman. >> same to you. >>> let's talk about hillary clinton's health crisis. it has the secretary of state in the hospital this holiday. >> there are new details from doctors about the blood clot that was found near clinton's brain. abc's wendy gillette has the latest from new york. >> reporter: hillary clinton's doctors found it between the brain and the skull. >> it could cause a stroke. her doctors say she has no sign of that. >> reporter: they say it did not result in a stroke or neurological damage. she's being treated with blood thinners to help dissolve the clot and the secretary of state is expected to make a full recovery. the doctors add she is in good spirits ma
gharib. with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff.
, it was an obama proposal and something that obama wanted. and it turned out since the two years have passed a lot of democrats on the hill weren't so crazy about it. they feared defleeting the social security trust fund. so they weren't really pushing for it. so if leader of both parties were not crazy for it obama wasn't going to stick his neck out for it. >> jennifer: right. and it was adopted in the middle of a recession as envisioned to be a temporary tax increase. the final thing i would point out as we review how astonishing it was that republicans voted for a tax increase the last time this happened in 1993 with bill clinton, he had democratic control of the house and the senate, and even then al gore had to come in and cast the deciding vote in the senate. so that's how amazing it is. it's pretty astonishing. michael because you wrote a bit about history today on this, and the recalcitrant ones throughout history that have always been there, i really appreciate your perspective. thanks for joining us again inside "the war room." >> always a pleasure. >> jennifer:
passed, president obama says congress, and then hementses an increase in the debt ceiling, no strings attached. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. adam: president doesn't want another debate, having another debate, this from the house speaker boehner after the bill passed, and now the focus is spending. that he re-elected a republican majority in the house, using it in 2013 to hold the president accountable for the balanced approach promised, meaning significant spending cuts and reforms to the entitlement programs driving our country deeper and deeper into debt. just earlier today, the speaker's office confirmed any amount of cuts, any amount of increase to the debt ceiling has to be accomp
says if you pass this, a million dollars and higher, we won't sign that d president obama said he would veto. >>he president moved from his initial position. his position during the campaign was $250,000. but he showed a willingne to move. the speaker, to his credit, wanted to move. the speaker has been trying to move. i think the speaker wants to get a deal but he has to convince the individuals within his conference that -- to support him, give him the deal. he's not been ableo do that. so we're caught. >> throughout this process it seems president obama has moved to the goalpost. first it was $600 billion then -- remember when the debt ceiling, what started this mess was a breakdown in the debt ceiling negotiation. we were trying to figure out how to fix the debt. supereconomy. >> president obama says $600 billion, boehner was ready to sign and he said maket 800. >> the problem now was the problem we had then about whether or not boehner would have had the votes. the numbers they come to are close now, basically $500 billion. it's close on both sides. so we should be able to get a de
is specific and leading to regulation. dodd frank is vague. third in the environmental area, where the obama administration did not succeed to get the legislative wish list pass. they do that through the epa and regulatory way. if you put it together, i think the u.s. economy is people get off the back a little bit. take off a little bit. we have energy discoveries. we had a slow growth for three or four years. investment on the sideline ready to go. not in president obama's interest. he pulls back some, i suspect we could have the decent growth. they are aggressive regulators in the different parts of hhs, epa and financial areas. i don't know that the president is willing to rein them in. economic growth here. >> you mentioned the epa. inhof of the science committee issued a report back in october where he said the obama administration not just the epa but several agencies are working to find way to regulate the hydraulic fracturing at the federal level to stop the practice altogether. irony is fracking is one thing in the environmental -- excuse me, manufacturing sector that lifted up the
of human rights sanctions passed and signed into law this month by president obama. russia is the third most popular country for americans to adopt. over 60,000 have happened since the fall of the soviet union but adoptions to the u.s. have become a political football in russia. officials point to cases of 19 children died after being adopted by americans. the issue caught fire in 2010 when this boy was put back on a plane alone to russia by his adoptive mother in tennessee. a poll here found the majority of russians support the ban but this sparked outrage many who say this is playing politics for children. >> you hope it's not a door shut but just, that this is an obstacle, a delay. and we do not know. >> and we're just getting word from the ap retired u.s. general norman swartzcpf died. a much decorated combat soldier in vietnam, he was known sometimes as stormin norman. he was 78 years old. >> family and friends continue to visit former president george hw bush in an intensive care unit of a houston hospital. he's the oldest living former president, optized at methodist hospital las
congress since recordkeeping began. in the course of nearly two years, the 112th congress has passed 219 bills that have actually been signed into law by president obama. but a lot of these laws were insignificant, things like the names of post offices. and a slew of bills passed by the house had no chance of passing the senate or getting the president's signature, like repeated attempts to repeal the affordable care act. the influence of the tea party lawmakers have been a clear factor. >> the tea party, which is not even on the screen about a year ago at this time, is a very domineering force. >> one story will be with us, the rise of the tea party. >> regardless of what those elites think, the tea party movement is authentic, grassroots movement. >> i wouldn't sell short these candidates. >> tea party americans, you're winning. >> it's a big mistake not to take it seriously. >> you think the tea party is here to stay? >> absolutely. >> this book was just named the best book of the year. good evening and congratulations. >> thank you, chris. happy to be with you. >> this fiscal cliff w
vote the u.s. house passes a bill on the fiscal cliff. president obama warns he doesn't want to go to the brink over the next fight over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> that budget deal boosts sabre an equity. stocks in hong kong and australia hit 19-month highs in the first trading session of the year. european cheered the deal despite more gloom from the eurozone where manufacturing activity has continued to contract. that was manufacturing pmi. we have similar figures out of the u.k. now. u.k. manufacturing pmi surprisingly up to 51.4, the highest since september. it's from a revised 49.2 in november. much better than the 49.1 poll. sterling already up strong against the dollar this morning. we'll see whether it gets another kick. there the output index 54 in december. the highest since april, 2011. it's 50.5 in november. so manufacturing or factory activity jumping unexpectedly. now going its fastest pace since september, 2011
think those are differences from the current administration. guest: the obama administration has passed 17 small business tax cuts at this point. a lot of them are very wealthy companies that are not small businesses. i think the record has shown that he has negotiated with this congress. many think too much. he has cut in the steel and wanted $1.2 trillion and is walking out with $600 billion. host: a democratic caller from florida, pete. caller: i do not know why everybody is so gloom. the owners in this country should be happy. you still keep your tax cut. you know these people, bain capital, mitt. are loaded with accounts they do not pay taxes on. the country has lost jobs. apple computer does not pay taxes. they are laughing. people that lost their jobs are held hostage. and ceo knows darn well, i'm going to make my profits and so the bottom line to my shareholders is a home run. i stood in line for mr. obama to vote for him. i'm kind of disappointed. he should show those eight senators that voted against this to ask them why. they bring a bunch of millionaire senators saying why w
, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the obama plan, perhaps if the senate passes something, i think that will remove some of the pressure for house speaker john boehner. i think that will put more pressure on his troops. it's possible that something like that could get through the house, but i wouldn't bank on it, bet on it or gamble on it on the stock market. >> something very interesting happened yesterday, tim geithner sent a note to harry reid saying basically, hey, we're out of money on january 31st. that has to do with the debt limit and raising the debt limit. do you think at all that kind of financial pressure is going to play into this? >> it's interesting, if we go over the f 'tis cal cliiscal cl should buy some room. the fiscal cliff is a cut in taxes and a cut in spending which should relieve some of the spending toward the debt limit. it is a factor in terms of long range planning for the united states government. but actually going over the cliff might buy some more time. so i think what secretary geithner was doing was
this morning. any race against the clock, the senate has passed a bill to avoid the fiscal cliff. >> president obama says the green is the, quote, right thing to do for our country. the legislation now moves to the house where its future is unknown. fox's patty ann brown has the story. >> reporter: senate lawmaker voted overwhelmingly in favor of legislation to avert the fiscal cliff. >> the bill as amended is passed. >> vice president joe biden in a visit to the capitol monday night explaining the pact he northed with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predictions. >> having been in the senate along as i have, there are two things you shouldn't do. you shouldn't predict how the senate will vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the house is going to vote. >> reporter: if passed by the house, it would stop many of the spending cuts. >> middle class families will wake up today to at assurance that their taxes won't go up
to pass but it might not happen until after january 3, january 4. >> i want to ask you about what ed henry was just reporting. president obama says either a deal is reached or you vote on the short-term stop gap measure. if republicans fail to pass it i'm summarizing it's their fault. so the president kind of tossing the ball into the republican's camp, placing blame on them. in your opinion s that presidential leadership? >> the republicans have gone after the president that he has deferred to congress on this is that he was unable to strike a deal between -- with speaker boehner and now it is to reid and mcconnell. on one hand, obama is criticizing the congress but also giving them the responsibility to come up with a deal. this is on his watch. obama does not want this going into next year. he wants to move quickly on immigration and energy and maybe gun control. so, but he has not been able to strike a deal with the speaker and that is -- you know, takes two to tango, both have to compromise. both have failed repeatedly on getting a debt deal both in the summer of 2011 and now. how to
made any progress in their talks. any deal would have to get enough votes to pass the senate and the house. >>> president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. >> the president says the law he's pushing will address assault style rifles, high capacity magazines and background checks. >>> the fiscal cliff, it's not the only deadline pressing on congress. a five-year farm subsidies bill that expired in september was never renewed. house and senate members did come up with a short-term extension to prevent prices from going through the roof in january. >>> a charter bus crashed today on interstate 84 near pendleton, oregon, killing nine people. it happened on this i
pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative. it is being operated with a dictatorship of the speaker not allowing the vast majority of the house and representatives to get what they want. >> that sounds ridiculous f. it was a dictatorship boehner would have gotten that vote and he couldn' get the vote. what we should do honestly guys, is swan dive ov the fiscal cliff. let president obama own the fiscal cliff. it should be called the obama cliff. >> julia: people know how much they would have to pay. folks on the man on the street interviews . people are look
passed by the last congress, 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress a 1% raise. >>> and the senate did put in some extra work hours last night but there was some glumbling. one senator said quote this is definitely not a kunbaya moment. >>> now for a look at your new year's eve weather let's turn to bill karins. happy new year's eve morning. >> big day, right? >> it is. going to be a cold one. >> maybe not for i but for everyone it's a cold. a little bit of snow to talk about. no big blockbuster snowstorms. the cold air is the story. easily be the coldest week of the winter season. areas in white winter weather advisories from new mexico, north texas, panhandle of oklahoma across kansas, missouri, southern indiana and illinois this is where light snow is heading your way. winter weather advisory means slippery travel but not a blockbuster event and cancel your events. travel with care especially northern, the panhandle of oklahoma, up through kansas this morning the snow is breaking
in 60 years. 219 bills have been passed. that's compared to 383 bills passed by the last congress. 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members of congress up to a 1% raise ending a pay freeze going back to 2009. >>> the nature did put in some extra working hours last night but there was some grumbling. one senator said quote this is definitely not a kumbaya moment. and that's your morning dish of scrambled politics. for your new year's eve weather we turn to bill karins. happy new year's eve morning. >> it's a big day, right? >> it is a big day. and a cold one. >> maybe not for you and i but for everyone else it's a fun day. last day of 2012 is very cold. snow to talk about. no big blockbuster snowstorms. the cold air is the story. easily the coldest week of the winter season. in white winter advisories. texas, panhandle of oklahoma, southern indiana and illinois this is where light snow is heading your way. winter weather advisory usually means you'll have slippery travel but not like a blockbuste
balance, more fairness, that is at the hard of this deal. that's what the house finally passed last night and is what president obama will sign into law. >> that's what will remain in place as long as i am pthd. everyone pays their fair share. everyone does their part. >> everyone pays their fair share. and everyone does their part. that's what president obama won in this deal for the country. first, he forced republicans to raise taxes on those earning more than $400,000 a year. he also extended unemployment benefits to 2 million americans who are out of work. people who desperately need help now. and he extended the stimulus tax break for working hch cla ingwos all across the country. the president did this without cuts in our safety net. the deal delays the automatic spending cuts for the start of the year and it doesn't include a single dime in cuts to medicare, medicaid or social security. republicans who know who won this debate have expressed it. just listen to this. >> we all knew the ptresident ws going to get his way. he wins. >> this is a complete surrender on everything. it's
three business days to pass legislation to avoid going over the fiscal curb. president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire week with their incompetent plan b stunt. it is time for house republicans to put middle class families first by passing the senate's bill to protect 98% of americans from a tax hike on january 1st. the senate bill could pass tomorrow if house republicans would simply let it come to the floor. despite the impasse in washington, a new gallup poll shows 50% of people still believe it is likely that president obama and republicans will reach an agreement before we go over the curb on january 1st. among the believers is conse
and then start or working out how to get a bill passed. barack obama doesn't seem to know how to do that. he, in fact, in private a very introverted person who doesn't reach out beyond a small group of chicago operatives whom he's brought with him to the white house. >> host: oprah had tried to ignore the ominous change in tone. as barack obama's inauguration drew near, oprah's calls to michelle went unreturned. instead, oprah heard from the newly-appointed white house ceremonies coordinator who told oprah that she needed to talk to him first about the interview. what's more, she had to run her interview questions past jeff stevens, deputy speech writer, for prior approval. it was a pain as far as pa was concerned said a high-ranking executive at harpo studios. oprah doesn't like having to put up with mid-level clerks. >> guest: right. oprah expected that as a result of her role during the democratic pri pairs where she played a pivotal role in helping obama get the nomination and wresting it away from hillary clinton that she was going to be an important adviser to president obama. and, in
of the house, have a drink with him, reminisce, tell jokes and then start working out how to get a bill pass. barack obama doesn't seem to know how to do that. he in fact, in private, he's a very introverted ers and who doesn't reach out beyond the small group of chicago operatives whom he has brought with him to the white house. >> opera had tried to ignore the ominous change in tone coming from the obama transition team as barack obama is it not gration drew near oprah's calls to michelle went and returned. instead oprah heard from max devlin that newly appointed white house ceremonies coordinator who told oprah that she needed to talk to him first about the interview. once more he said overhead to run her interview questions past stevens, a deputy speechwriter from prior approval. it was a pain as far as oprah was concerned and a high-ranking executive at harpo studios ,-com,-com ma oprah isn't a snob but doesn't like to put up with it. >> as a result of her role during the democratic primary, which played a pivotal, pivotal role in helping obama get the nomination and wresting it away fr
passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the restrictions allowing net flicks his additional there was also to media outlets by facebook and twitter. >> the new feature will be available to use in the u.s. starting the new year. >> continuing to track gas price across the bay area the average price of private picture posted by mark zuckerbergs sister on a parcel that the profile of the lead. facebook marketing directors of following them posted on twitter count for more than $40,000 to sea. >> and his sister ready to it at the facebook directors and a picture was meant for france only. >> content to dry gas price across bay area the average price per gallon of regular gasoline remains at three rows in sentences col. $3.49 and oakland. $3.50 in san jose. and at $3 system to sent here in california statewide. >> to toyota settled with our orders over unintended acceleration in 2009 and 2010. >> and a glass agreed to pay more than a billion dollars to install new sa
way to president obama who says he will siinnit. wendell goler explains what's inside the legislation. p3 p------------------------------- -------------------------------- -------------------------------- naas "(measure passes, deal passed with ovvrwhelming ...extending the buss eraatax cuts for amilies making less than $450 thousand dollars a yyar and maaiig the lower rates permanent, sooething... ...former president bush because he wasn't ble to get 2/3's of the ssnate to go allng. that part most republicans are happy with. ffeming says it made some thingsspermanent...permanent fix toothe amt....some things do like." ...the deal hhving to ay the alternative miiimum tax, by indexing it to the death tax 5% but extempts &pindividual estates... ..and $10 million for family estates like farms. backkto 6..%, a 2% increase ll phicc will cost a worrer making $110k year about $2k more. on the spending term unemployment enefits for another year. democcats had "it'sscrittcal. you want to talk aboot the real cliff it's compensation..boxer says if that's not in theedeal
of michigan for many years and who served as the special envoy for the first two years of the obama administration. he passed away. he was replaced by barry luckily, an experienced diplomat who would serve indeed drc and -- in the drc and has served in a number of posts. the decision to stop tripartite plus was based on a reluctance of all the governments in the region to carry on. >> thank you. mr. smith? >> secretary carson, rwanda has increasingly been getting a -- attention as a major source of a problem in the region. and there's a lot of history here, going back and forth across the border of atrocities committed on both sides, of congolese genser wanda and vice versa. rwanda has cleared desires to protect their border. but -- i think we're going to need as a country to put more pressure on rwanda to change their behavior. they are not the only part of the problem. there are a ton of gangs involved. what do you see going forward izod their interest in that -- as their interest in that region? on the one hand, it seems the m23 is just driving up more instability. i think both o
issa is against and camp is in favor. obama has succeeded in splitting the republicans. weakening them and now this has to pass the house with democratic support which shows that republicans have lost control of the house which was otherwise a blocking agent. obama has had a political success on top of a substantive success. >> bret: sandy levin, congressman from michigan continuing to call democrats up for this debate on the senate piece of legislation. we'll go through exactly what is inside that on the the other side of the break as we continue with our panel and continue coverage of this historic night. a vote in the house of representatives to try to avoid all of the things that come along with the fiscal cliff that the u.s. has already gone over. >> but this is a bill which -- [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. >> bret: this is a fox news alert. i'm bret bai
of representatives approving a plan to block president obama's executive order to raise salaries for lawmakers and federal employees. the bill passed 287 to 129 including the support of 55 democrats. republican congressman mike fitzpatrick and darrel issa co-chaired the measure. >>> what it was like for passengers on board the tour bus that crashed after sliding off a highway in oregon killing 9 people and injuring more than 3 dozen. >> we screamed and some mothers scream to do find their son or daughter. >> the bus was headed for canada. 14 people are still in the hospital recovering. police identified one person to died a 57-year-old washington man. his wife remains in the hospital. >>> parents and children in newtown connecticut are bracing for a difficult day as the students who survived the school massacre three weeks ago head back to school tomorrow. an open house is being held today so families can come see the temporary school set up in the neighboring town of monroe. the school says it will help in the recovery process reconnecting students with friends and teachers and return to a no
an hour. afterwards president obama said he was modestly optimistic. by passing house speaker john boehner who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a g
months of drama and last-minute negotiations congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> this law is just one step in the broader effort to strengthen our economy and broaden the opportunity for everybody. >> lawmakers completely blew their deadline. they didn't get the grand bargain that both claim was parties claim was their ultimate goal. but tonight both democrats and republicans gave themselves credit forgetting something done.y, veryis a very, very strg first step. >> this is an important one. this is a critical one for the future of the country. >> there was considerable happened wringing about a lack of spending cuts. some wanted to add them in, but ultimately there weren't enough votes t passed. passed. the bill was overwhelming bipartisan support would extend tax cuts for all tax earners earning less than $400,000 a year and tax hikes on those estates worth $5 million. and benefits set to expire for some two million people. since congress missed the january 1st midnight deadline, technic
kennedy did pass an education bill, no child left behind. i thought obama, when he was elected a lot when across the aisle and work with the opposite side, and everybody said the republicans, conservative set that that bill was not busch's bill, it was ted kennedy boss bill. he crossed the aisle and got the bill pass. obama, when he wanted his health care bill passed, waited until the midnight hour to work with the democratics to pass the bill, they would not pass the bill because it had payments for abortion and things like that -- host: where do you think this is going to go? caller: it will go to the midnight hour, and that republicans will concede they do not have anything else. they will kick the can down the obama has not shown the leadership that he showed, last caller. it is a matter of spending. the government has gotten out of control in washington, d.c. both parties are guilty. this last president as the most gelt, and certainly bush also had his problems with spending, but if i was a republican senator, i would not vote for anything without at least a $6 trillion tax cut, and
more than $450,000 per year will see their taxes go up. that's far higher than obama's original proposal. they have yet to agree to suspend spending cuts. the democrat led senate is expected to pass the bill on new year's eve. the republican led house says it will not vote on the bill before the midnight deadline. members of congress are expected to work on a stop gap measure to prevent any serious fiscal impact. the fiscal cliff has become a term many people even outside the financial markets are talking about. if the u.s. economy falls off this cliff, ripple effects are expected. >> reporter: the term fiscal cliff has been making headlines recently. here's a brief explanation. it's a term used to refer to the economic fallout that might occur because of policy divisions in the u.s. congress. if democrats and republicans cannot come to an agreement on resolving the fiscal cliff by year end, sudden tax increases and drastic budget cuts will take effect and would dramatically slow the u.s. economy. let's look into the two main components of the fiscal cliff. first, taxes. democra
earning more than $450,000 per year will see their taxes go up. that's far higher than obama's original proposal. they have yet to agree to suspend spending cuts. the democrat led senate is expected to pass the bill on new year's eve. the republican led house says it will not vote on the bill before the midnight deadline. members of congress are expected to work on a stop gap measure to prevent any serious fiscal impact. the fiscal cliff has become a term many people even outside the financial markets are talking about. if the u.s. economy falls off this cliff, ripple effects are expected. >> reporter: the term fiscal cliff has been making headlines recently. here's a brief explanation. it's a term used to refer to the economic fallout that might occur because of policy divisions in the u.s. congress. if democrats and republicans cannot come to an agreement on resolving the fiscal cliff by year end, sudden tax increases and drastic budget cuts will take effect and would dramatically slow the u.s. economy. let's look into the two main components of the fiscal cliff. first, taxes. democra
obama wants smaller bill extending tax cuts making $250,000 or less and continuing unemployment benefits for millions that will lose them. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> we can still avoid going over the fiscal cliff if the president and democratically controlled senate step forward to solve this problem and solve it now. >> frustration over the impasse runs from wall street where the dow is down 400 points to main street. >> this is america. they should be working for the american people. >> the parties are trying to outdo each other. >> sit down and don't come out of this that room until you have taken care of. >> the shows back in session that afternoon and could vote on the senate version. >>> a south is a san francisco retired ee is now $23 million richer. he bought a winning ticket at pharmacy in san francisco before christmas but he didn't discover high won when a friend remind himd to check his ticket. he hasn't decided what to do with the money. >>> coming up, a look at the mo
republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go over the cliff because i think if we do it hurts our economy and it hurts our country. >> middle class people should know their taxes go up a average of $2,000 a year and also start making meaningful reform on the debt. >> the president and speaker boehner have not spoken since yesterday but shortly after the final talk the president urged congress to pass at least a scaled down measure to avoid going over the fiscal cliff. now unless both sides can agree on anything close to $1 trillion in spending cuts and
. president obama said, and we quote, with the passing of general norman schwarzkopf we've lost an american original. former president george h. w. bush called him a good and decent man, and former secretary of state colin powell says america has lost a great patriot and a great soldier. >>> derek, americans are now banned from adopting russian children. vladimir putin signed the ban into law today. law also blocks dozens of russian children now in the process of being adopted by american families from leaving the country. the law was passed in retaliation for a u.s. law that calls for sanctions against russian officials deemed human rights violators. critics say the russian law victimizes children to make a political point. there are now an estimated 740,000 orphans in russia. >>> coming up, man tries to rescue man's best friend and ends up needing some rescuing himself. erica. >>> well, it's still night and pleasant out here on the weather terrace, but, of course, a winter storm is on the way, and that's going to bring an end to the nice weather. i will tell you what you can expect and wh
to be russia's retaliation for a set of human rights sanctions passed by congress and signed into law this month by president obama. >>> sunday's football game in indianapolis is more than just about winning. it will also be a triumph over adversity and personal battles won. abc's t.j. winick reports on the reversal of fortunes for the colts and their coach. >> reporter: coming into this nfl season, the challenges for colts' first-year head coach chuck pagano were many. a team that finished the league-worst 2-14, last year. >> the indianapolis colts select andrew luck, quarterback, stanford. >> reporter: and a rookie quarterback, taking over for the departed peyton manning. but less than a month into the season, those challenges were nothing, compared to the devastating personal news he received. >> the conclusion came down that he did have leukemia. >> reporter: the 52-year-old was forced to take a leave of absence for treatment, which included chemotherapy. expectations fell for the new-look colts. and yet, they've defied all expectations, behind rookie q.b. andrew luck and an inter
medicare for future generations. senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >> he says the onus is on congress, this is your job to get done. he said in the clip we just had, if it doesn't get done, the people who are going to pay are the senior who is will lose out on benefits that they are enjoying. is that an accurate representation of what will happen? >> no! this country needs presidential leadership. the house has passed two budgets that would spend $7 trillion less than what president obama's budgets were proposed at. again, remember president obama's budgets didn't get a vote from a member of his own party. we do need -- we know -- we understan
this could be a loss for president obama because included in this deal that has passed the senate there is nothing about the debt limit, which did he want. >> most important element, i think, that, if it passes the house that will attract republicans, is the fact that this deal does not do anything about the debt limit. remember, obama really wanted to include a debt ceiling increase, at least for a year. that's not in there. so that's a big loss for the president, but nobody is really talking about. >> juliet: so mcconnell says we have to get serious about spending. but one of the other things is this sequestration issue was a big issue. so there will be a couple more months for folks to figure out, for lawmakers to figure out what to do with that. >> steve: and kick that down the road. that can down the road. and technically, i believe we ran out of money at midnight, but they're rejiggering things at the treasury department so the debt ceiling, looks like they'll have that fight at the end of february or march. those are two things that the republicans may say, i'm coming up sh
prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can think of is the last four years. i actually spent some of the time over the holidays for my sins reading bob woodward's book. and my overall reaction to all this is groundhog day. it's the same exact issues, some of the same players, same cautions of spending, entitlements, taxation, debt celling, what have you, nothing has changed. so what's so depressing to me is we've had four years or longer to wrestle with these issues. there's virtually been no signs on progress. here we are now with two more self-imposed ceilings. and increasingly, we've got a u.s. government that sticks a gun to its head. sorry to use gun metaphors, but basically sticks
a bipartisan deal that can pass the senate with enough republican votes to convince the house to act and even president obama who had been concerned that they were not going to act and challenging them for an up and down vote said he was optimistic. here's the president after that meeting. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> now what would be in that mini deal? we're talking about tax increases for people at near the top of the income scale. the question is the threshold, 400 or $500,000 are the likely places that that could end up. it would likely turn off the automatic sequester by using some of the revenue from the tax increases to account as budget cuts and turn off they is quester and it would also extend unemployment benefits and do the so-called doc fix to prevent reimbursements from declining and also have a milk fix, michelle that would prevent the doubling of milk pr
of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the blame. i have another question to ask. obama asked for complete congressional powers about being able to pull up and give any amount of money that he wanted, taking those powers away from the house. i think that is completely ludicrous. as far as the last caller asking out the democrats and republicans, that me see, if the democrats put a bill together and the republicans don't vote for it, they are mad at it, but if the republicans put a bill and let's say cave to the democrats, there is no bipartisan. i have never seen the democrats actually cave and take care of the fiscal cliff in the amount of debt that we have is completely crazy to me. >> that is marked in north carolina. back to the tweets. peak in louisiana on the democrats' line. you are on c-
. roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their. >> claire donehower is the assistant principal at the kennedy krieger school in baltimore. she took on another role as a volunteer in a mission to the dominican republic. >> i think it was a unique chance to take my love of working with kids and bring it into a completely different area. >> she was one of 40 volunteers chosen to complete the elementary school in a small village. they did everything from building walls with cinderblocks to painting to stuccoing. but her favorite part was interacting with the community. >> it was such a powerful experience and different than i expected. i wanted to save everyone from t
working on a fall back plan that can pass both chambers of congress. >> some people will not like it, but that's where we are. >> reporter: president obama is pushing for a stop gap measure that would at least avoid tax increases on people earning less than $250,000. frustration is growing. a simple stop gap percent is not what men -- measure is not what many in washington hoped for. many blame president obama for the collapse of a bigger deal that would reduce spending and cut the country's debt. >> it is the president's responsibility to lay out a plan and to bring people together. >> house members don't get back here tonight sunday night. >>> president david wilson may be getting a remove of sorts after a lengthy public meeting months announced it is negotiating to keep him on until june 2014. his current contract expires in june of 2013. it was a rough year with two shootings on campus. >>> the russian president signed a law banning americans from adopting russian children. a law that people say is heartbreaking and punishes no one but the children. one family says he just signed
legislation. it is time for president obama and senator reid to act. >> one thing an amos piece. senate passed a bill which protected folks making 250 and less and small businesses from a tax increase. that is collecting dust in the house right now. jon: well, doug, let me throw it back at you, this is the same senate that hasn't passed a budget in three years, even the president's budget got no votes in the senate the last time around. how can they lay all of the blame at the feet of the house of representatives? >> i would say, look, i think everyone shares in the blame what is going on here and but i do think that what you're seeing on the house is this, a almost a reluctance to take yes for an answer the president has put forward a plan which results in $2 trillion in total spending cuts. protecting tax cuts for the middle class and small businesses. 98% of individual, 97% of small businesses. he has talked about doing some entitlement reform. if i was republican i would say, you know what? that is perfect. i'll take it. that is stuff they have been working on for years and they weren't ab
lawmakers return to work at noon eastern time. president obama is encouraging them to, quote, pass it without delay, but this is not a done deal, not by any stretch of the imagination. the senate bill would raise taxes for individuals making more than $400,000 a year, $450,000 for couples. those are levels that are higher than what president obama had called for during the presidential campaign and during the heated negotiations. senior white house foreign affairs correspondent wendell goler is live with the latest. does the white house have a sense of what might happen in the house? >> reporter: vice president biden wouldn't predict how the house would vote, in fact, the president and his aides are waiting to see if the house even picks up the vote today. the senate deal, basically, buys the nation a two month extension of the so-called fiscal cliff, but it doesn't contain any spending cuts, and that's a going to make it a tough sell to house republicans. yesterday the president aimed to put some pressure on them in an appearance that showcased middle class americans who'd be hit
on when president obama will sign the bill that avoids the fiscal cliff after congress passed the bill last night, the president left for hawaii. the president can sign the bill remotely using a machine called an auto pen or the bill will be flown to hawaii for his signature. paychecks won't be increasing now now that congress averted the fiscal cliff. the bill passed by congress does not include extending a social security payroll tax cut at the end of last year so workers will now be pay being 2% more in social security taxes. wall street futures risen sharply today. dow jones industrial futures are up 200 points. asian marks finished higher today as well as european markets their up as well. those are some of the latest headlines on c-span radio. >> you don't always find many in the area embracing investigative reporting. the point we've seen over the years it's not just economics, it's the discomfort that investigative reporting often causes in the newsroom. because it's troublesome, it's that more than the economics. if you're going to roughly the feathers of somebody powerful th
of wall street, and a man whose essential issue of the 2010 campaign was obamacare, but he had passed something similar in massachusetts. he had two strikes against him, whichade it very diffilt begins the difficult rigid discipline obama to win. >> i think obama won because republicans underestimated him, and they did it through sell collision that goes back to 2010 when they considered this to be a referendum on barack obama. it was not a referendum on barack obama. it was a referendum on the economy and the incumbent, but not barack obama the person. republicans left the race feeling like this would be a slam-dunk in 2012. they missed the fact that the turnout in 2010 was so far what -- so far below what it was in 2008, and the people who did not turn out in 2010 -- young people, african-americans, women -- came out in big numbers for barack obama because they never did leave him. 2010 was an anomaly, and they read too much into it, and they underestimated obama. >> according to the "boston glob" a couplef days before election day, mitt romney's manager signed a memo that the race
compromise. >> if the senate bill passes the house as it is delays sequestration cuts for two months. it will extend tax cause making less than $250,000. and it will extend unemployment benefits for two million people they expire today. president obama announced that no one got everything they wanted and wants the house to pass it. >> we find ourself with a bill that does not reflect financial wisdom but the spirit that per veighs this town. the time to confront this is not now but later, we'll do the right thing then. >> some republicans are suggesting amending the bill that the senate passed and adding spending cuts in that bill. this will have to happen by noon thursday when this congress ends and the new one is sworn in or the whole thing starts over again. the sequestration cuts take effect as the tax cuts -- in fact, they have already taken effect. >> thank you. so what do americans think of the job that congress is doing to solve this fiscal crisis? agoal goal went out to find out. >> they don't think much of what is going on in the buildin
.s. into another recession. more than a month has passed since the last time they got together. the obama administration called that mid another meeting constructive but there has been little to no progress. today lawmakers on both sides of the aisle tried to strike an optimistic tone. >> millions of americans are out there struggling and certainly they deserve a congress that will avoid going over the fiscal cliff, which is why the president has been working hard to bring leaders together. >> we can't continue to kick the can down the road with half measures. i think the market will respond in a permanent and negative way to our inaction. >> the chairman of the senate finance committee says it comes down to this meeting adding i wish them luck. it would be a great new year's present for the country. ed henry, how pivot the is the meeting? >> we're on the verge of the biggest tax increase since world war ii. that's how big it is. everybody watching this, if we go off the cliff, everyone's taxes go up january 1st. the bottom line is senator backus says with the deadline, the pressure is re
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